A Note About Comments

We encourage you to comment on this blog. All viewpoints are welcome, but please be constructive. We reserve the right to make editorial decisions regarding submitted comments, including but not limited to removal of comments. The comments are moderated, so it may take some time before you can see them. We will review and post them as promptly as possible Monday through Friday, 9:00 - 4:30 EST.

Lotus Bank Blog

This past month Home Depot confirmed in a press release that a data breach had put 56 million payment cards at risk, more than Target’s massive breach that occurred last year. Home Depot reported that the criminals used a unique type of malware that was present during the months of April thru September. The malware was eliminated from the system in September, but the damage had already been done.

These days, hardly a week goes by when we don’t hear about a major retailer reporting a data breach. The most recent, Jimmy John’s sandwich restaurant, affected 18 Michigan locations between June and September 2014. The restaurant reported that customer credit and debit card information was stolen.